Progress Update #8 – September 20th | by NAVIADDRESS | NAVIADDRESS

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NAVIADDRESS

2 min readSep 20, 2018

Progress Update #8 – September 20th

Dear Naviaddress Community,

We have been working on some exciting new developments over the past few weeks, and we are glad to share the results! Here is the summary of our accomplishments for the last weeks:

· Premium Naviaddress Sale Soft Launch was released on September 10th. During the first week, we have sold 93 Premium Addresses and 30670 NAVI were burnt. The nominal price for each Premium Naviaddress is burnt, thus the total number of tokens available in the market will be effectively decreased. This may naturally drive the value of NAVI token up. Premium Naviaddresses are available in 22 countries. We plan to launch a new country on October 1.

· Naviaddress patented technology: our second patent was released for public domain by. U.S. Patent and Trademark Office. on September 18. It covers the use of numeric identifiers for locating objects and navigating in spatial maps. This patent will secure Naviaddress’ position as a world tech leader in the development of a user-friendly identification system, which can handle a wide range of application domains – not just addressing and navigation. With this innovation, the Naviaddress team has opened a path to a variety of new and unlimited types of business opportunities.

More great news is about to come! Stay tuned!